Prague to Gain Dozens of New Tech Jobs as Israeli Cybersecurity Firm Expands

Prague 1. Reputable touristic attraction in Central Europe. Photo Fly4studycm 

Tech Rise in Prague, Czech Republic's Capital.

Prague’s reputation as a rising technology hub just got another boost. Israeli cybersecurity giant Cato Networks has announced plans for a major expansion of its research and development operations in the Czech capital, backed by a new investment of over CZK 7 billion (approximately USD 320 million).

The Tel Aviv-based company, known for pioneering the Secure Access Service Edge (SASE) model that merges networking and security into a single cloud platform, aims to hire dozens of local engineers. The Prague R&D center will focus on developing advanced cloud-based security solutions and strengthening Cato’s position in the fast-evolving cybersecurity landscape.

Prague: A Strategic Innovation Hub

Cato Networks opened its Prague office in 2024 and sees the city as a key pillar of its European growth strategy. "We see Prague as a strategic hub for innovation and talent. It is perfectly positioned to support our rapid growth and plans," said Shlomo Kramer, Cato’s CEO and co-founder. "Our expansion here reflects the high-quality workforce and the city’s potential to influence the future of cybersecurity."

The company reported an annual recurring revenue of USD 250 million last year and serves more than 3,000 enterprise customers worldwide. With its Prague expansion, Cato joins a growing list of global tech firms investing in Central Europe to tap into the region’s skilled tech talent.

Stock Options for Local Employees

In a move that could set a new trend in the Czech tech market, Cato plans to offer stock options to its Prague-based employees—a benefit still relatively rare outside the startup scene in the Czech Republic. This perk, combined with Cato’s anticipated initial public offering (IPO), could bring significant financial rewards to local team members.

A Boon for Prague’s Tech Ecosystem

Industry analysts see this investment as another sign of Prague’s emergence as a key European technology hub. The city’s growing pool of tech talent and its strategic location in Central Europe continue to attract foreign direct investment from innovative companies worldwide.

With dozens of new tech jobs on the horizon, Cato’s expansion is great news for Prague’s economy—and a sign of the city’s bright future in the global cybersecurity space.

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Rooney Nshing
Fly4studycm